Access Bank Debunks Missing Funds Allegation Amid Naira Scarcity Concerns
Access Bank Limited has categorically denied allegations of missing funds and unethical behavior, calling such claims baseless and untrue.
In a statement, the bank clarified its stance:
“Our attention has been drawn to a video on social media wherein allegations of missing funds and unethical behaviour have been made against Access Bank PLC.
First and foremost, we wish to emphasise that the safety and security of our customers’ funds are core priorities which we take seriously. Second, Access Bank Plc does not engage in or condone any unethical behaviour.”
Investigations and Findings
The bank assured its customers that thorough investigations by both internal and independent stakeholders in the banking industry have been conducted, all arriving at the same conclusion: there is no missing N500 million or any other amount from customer accounts.
The statement reiterated:
“Access Bank PLC operates with the highest ethical standards, protecting our customers’ interests whilst respecting privacy laws. These allegations are unverified, sensational claims designed to mislead the public.”
Commitment to Transparency and Security ️
Access Bank reassured the public and its customers of its commitment to upholding ethical banking practices and maintaining the safety of customer funds.
The bank concluded:
“We remain committed to serving our customers and urge the public not to rely on sensational and unverified claims.”
Context: Cash Rationing Amid Naira Scarcity
This statement comes as Nigerian banks, including Access Bank, continue to face challenges amidst the ongoing naira scarcity, leading to rationing of cash and heightened customer concerns.
Access Bank’s timely clarification seeks to address any panic among its customers while reinforcing its reputation as a trusted financial institution.
Access Bank Limited has categorically denied allegations of missing funds and unethical behavior, calling such claims baseless and untrue.
In a statement, the bank clarified its stance:
“Our attention has been drawn to a video on social media wherein allegations of missing funds and unethical behaviour have been made against Access Bank PLC.
First and foremost, we wish to emphasise that the safety and security of our customers’ funds are core priorities which we take seriously. Second, Access Bank Plc does not engage in or condone any unethical behaviour.”
Investigations and Findings
The bank assured its customers that thorough investigations by both internal and independent stakeholders in the banking industry have been conducted, all arriving at the same conclusion: there is no missing N500 million or any other amount from customer accounts.
The statement reiterated:
“Access Bank PLC operates with the highest ethical standards, protecting our customers’ interests whilst respecting privacy laws. These allegations are unverified, sensational claims designed to mislead the public.”
Commitment to Transparency and Security ️
Access Bank reassured the public and its customers of its commitment to upholding ethical banking practices and maintaining the safety of customer funds.
The bank concluded:
“We remain committed to serving our customers and urge the public not to rely on sensational and unverified claims.”
Context: Cash Rationing Amid Naira Scarcity
This statement comes as Nigerian banks, including Access Bank, continue to face challenges amidst the ongoing naira scarcity, leading to rationing of cash and heightened customer concerns.
Access Bank’s timely clarification seeks to address any panic among its customers while reinforcing its reputation as a trusted financial institution.